Shares of Cohort plc (LON:CHRT – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 927.77 ($11.29) and traded as high as GBX 1,185 ($14.42). Cohort shares last traded at GBX 1,175 ($14.30), with a volume of 116,179 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a “buy” rating on shares of Cohort in a report on Tuesday, September 24th.
Check Out Our Latest Stock Report on CHRT
Cohort Trading Up 0.9 %
Cohort Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th will be paid a GBX 5.25 ($0.06) dividend. The ex-dividend date is Thursday, January 9th. This represents a yield of 0.51%. Cohort’s dividend payout ratio (DPR) is presently 3,947.37%.
About Cohort
Cohort plc (www.cohortplc.com) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets.
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